Radha Madhav Corporation (NSE:RMCL) disclosed its unaudited standalone financial results for the quarter ended June 30, 2026, via a board meeting held on August 14, 2026. The company reported total income of Rs 2.59 lakh and a net loss of Rs 7.50 lakh for the period.
Key Highlights
- Total income for Q1 FY27 stood at Rs 2.59 lakh, comprising entirely of other income, with no revenue from operations reported for the quarter.
- The net loss widened to Rs 7.50 lakh in Q1 FY27, compared with a loss of Rs 0.73 lakh in the corresponding quarter ended June 30, 2025.
- Basic and diluted loss per share for Q1 FY27 was Rs 0.10, against Rs 0.01 in Q1 FY26, on a paid-up equity share capital of Rs 78.10 lakh.
- The statutory auditor issued a limited review report with an unmodified opinion on the unaudited standalone results, as declared by the Director and CFO under Regulation 33(3)(d) of SEBI LODR Regulations.
About the Company
Radha Madhav Corporation Limited, listed on NSE under the ticker RMCL and carrying BSE scrip code 532692, is a company that operates in a single business segment and has no subsidiaries, as stated in its exchange filings. The company is registered in Nani Daman and reports standalone financials only. Its business activity has undergone changes in management and scale in recent periods, as noted in its own quarterly disclosures.
Announcement in Detail
The board of directors met on August 14, 2026, between 4:00 PM and 4:30 PM, and approved the unaudited standalone financial results for the quarter ended June 30, 2026. Total expenses for the quarter were Rs 10.09 lakh, which included employee benefit expenses of Rs 0.32 lakh and depreciation and amortisation of Rs 0.56 lakh, resulting in a loss before tax of Rs 7.50 lakh. No tax expense was recognised for the quarter.
The filing also noted that 1,11,70,000 partly paid equity shares were converted into fully paid-up equity shares of face value Rs 10 each, pursuant to a board resolution dated July 18, 2026. The company's total paid-up equity share capital stands at Rs 78.10 lakh. The previous quarter's figures have been regrouped where necessary, though the company itself notes they are not directly comparable due to a change in management and scale of activity.
Impact on Investors
Investors will note that the net loss of Rs 7.50 lakh in Q1 FY27 represents a significant deterioration compared with the Rs 0.73 lakh loss in Q1 FY26 and the Rs 5.37 lakh loss in the preceding quarter ended March 31, 2026. The filing shows that total income remains very low in absolute terms, with no revenue from operations recorded for the quarter, meaning all reported income of Rs 2.59 lakh is classified under other income.
Shareholders will observe that the conversion of 1,11,70,000 partly paid shares into fully paid-up shares alters the company's share capital structure. The disclosed terms indicate that the paid-up equity capital remains at Rs 78.10 lakh following this conversion, which investors should verify against the company's updated shareholding disclosures filed with the exchanges.
Sector / Market Context
Small and micro-cap companies listed on Indian exchanges are required under SEBI's Listing Obligations and Disclosure Requirements Regulations to submit quarterly unaudited financial results within 45 days of each quarter's close. This regulatory framework is designed to ensure timely financial transparency for retail and institutional investors alike. Companies that report consecutive quarterly losses or minimal operating revenue are subject to closer scrutiny from exchanges under SEBI's graded surveillance measure framework, which classifies scrips based on trading activity and financial health indicators.